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$479,470

NAL Estimated Property Value

515 New Highland Rd, Springtown, TX, 76082

$566,966 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,850 Sq Ft
FarmFarm
price_per_sqft$221.05 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Microwave
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesBuilt-in Barbecue, RV Hookup
Lot Size11.00 acres

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN14876-001-001-00
Lot Number1
SubdivisionMartin Acres
Land UseResidential
Legal DescriptionACRES: 10.998 LOT: 1 SUBD: MARTIN ACRES
Census Tract140409
Assessed Land Value$219,960
Assessed Improvement Value$259,510
Assessment Year2025

About this property

Welcome to 515 New Highland Road in Springtown, where a unique custom-built rock home sits on almost 11 acres of fully fenced Texas countryside with no city taxes. Tucked behind an electric gate, this one-of-a-kind property combines rustic charm, functionality & the freedom to create the lifestyle you've been dreaming of. Mature pecan trees, blackberry patch, orchard & wraparound porch welcome you home. Inside, the 3 bedroom, 2.5 bath home offers just over 2,000 square feet filled with character. The spacious living room showcases rich wood paneling, exposed wood beams & a stunning rock fireplace accented with petrified wood & fossils. Equipped for wood-burning or propane use, the fireplace also features a heat blower for comfort. The entry features rock flooring & a wood ceiling. The kitchen offers abundant wood cabinetry, a large island, built-in desk & generous workspace. The utility room includes a built-in ironing board, desk area & half bath. An additional flex room can serve as an office, exercise room, or potential fourth bedroom. All bedrooms are conveniently located on the same wing. Outside, the property is ready for horses, cattle, livestock & 4-H projects. Pipe fencing surrounds the homesite, while the entire property is fenced & cross-fenced. Two deep wells, well water irrigation, metal roof, owned propane tank, well house & cedar post fencing add to the property's appeal. The outbuildings make this property truly special. An RV barn includes electric, water, sewer connections, workshop space & a concrete pad. A separate insulated 30x30 workshop offers water & electric, while additional barns, covered storage, a cattle chute & equipment storage provide endless possibilities for ranching, hobbies, or business use. Whether you're looking for a working ranch, hobby farm, or peaceful country retreat, this exceptional property offers space, infrastructure & Texas charm with convenient access to Springtown, Weatherford & Fort Worth.

Investor Tools

Property Icon
$479,470
Estimated Property Value
$0Estimated Mortgage Balance
$479,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$566,966
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$479,470
2025
$219,960
$259,510
$479,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$479,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$513,000
100%
0%
$0/mo

City: Springtown

515 New Highland Rd | Property Details | No Agent List